All the day’s economic and financial news, including new UK consumer credit data and the latest eurozone inflation and unemployment statistics
- US slams ‘sham election’ in Venezuela
- Brent crude rises towards $53 per barrel
- The agenda: US and eurozone data this morning
My colleague Sibylla Brodzinsky has written about the deadly clashes on the streets of Venezuela during Sunday’s voting.
Many voters decided against taking part in an election the opposition said would turn the country into a full-fledged dictatorship.
As many as 14 people died in the protests, according to opposition leader Henrique Capriles, and the prosecutor’s office confirmed at least six people were killed by gunfire, including one national guardsman. Seven policemen were wounded in an explosion in the opposition stronghold neighbourhood of Altamira.
This chart shows how the Venezuela crisis has driven oil to a two-month high: